Ratemaking Rule--ICC Act: Hearings Before the Committee on Interstate and Foreign Commerce, United States Senate, Eighty-fifth Congress, Second Session, on S. 3778, to Amend the Interstate Commerce Act, as Amended, So as to Strengthen and Improve the National Transportation System, and for Other Purposes, May 20 and 21, 1958 |
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Page 20
Seatrain Lines has also been engaged in a 2 - year engineering program for the
development of a truck container operation to be conducted in the same vessels
and in conjunction with our present freight car service . We call this the ...
Seatrain Lines has also been engaged in a 2 - year engineering program for the
development of a truck container operation to be conducted in the same vessels
and in conjunction with our present freight car service . We call this the ...
Page 22
Even under the administration of the present law , the railroads have been able to
accomplish a great deal of their aim , insofar as Seatrain is concerned , by putting
in reduced all - rail commodity rates between the points we serve ...
Even under the administration of the present law , the railroads have been able to
accomplish a great deal of their aim , insofar as Seatrain is concerned , by putting
in reduced all - rail commodity rates between the points we serve ...
Page 25
Senator SMATHERS . Then if it does it already under present law , why are you
objecting to it ? Mr. WELLER . That which I have demonstrated ; we at least under
the present law have the right to speak to the Commission about these matters .
Senator SMATHERS . Then if it does it already under present law , why are you
objecting to it ? Mr. WELLER . That which I have demonstrated ; we at least under
the present law have the right to speak to the Commission about these matters .
Page 26
If there were added a proviso to the present language in the amendment , and if
that proviso said : Provided that the rail rate concerned covers the fully distributed
costs of the rail carriers and a return on investment , I would have no quarrel ...
If there were added a proviso to the present language in the amendment , and if
that proviso said : Provided that the rail rate concerned covers the fully distributed
costs of the rail carriers and a return on investment , I would have no quarrel ...
Page 32
Senator PURTELL . In the case — from rail point to rail point , that is what you are
talking about ? Mr. WELLER . Well , if the railroad filed an all - rail rate that cuts
the present rate , I would read this amendment to say that I cannot point out to the
...
Senator PURTELL . In the case — from rail point to rail point , that is what you are
talking about ? Mr. WELLER . Well , if the railroad filed an all - rail rate that cuts
the present rate , I would read this amendment to say that I cannot point out to the
...
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Common terms and phrases
amendment American Waterways Operators appears application authority barge believe better bill carry Chairman charges Commissioner FREAS committee commodities compensatory competing competition Congress consider consideration cost course destructive determining economic effect establish existing fact follows forms of transportation freight give going hearings important increase industry inherent advantages intent Interstate Commerce Act Interstate Commerce Commission involving language legislation less lines lower matter mean meet mode of transportation motor carriers movement necessary objection operating particular percent permit practices present problem proposed protect provisions question rail rail rates railroads ratemaking rates reasonable recommendations record reduced regulation respect result rule Senator LAUSCHE Senator POTTER Senator SMATHERS shippers situation statement subcommittee suggest thing tion traffic truck understand unfair United water carriers Weiss WHEELER
Popular passages
Page 199 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 47 - In a proceeding involving competition between carriers of different modes of transportation subject to this Act, the Commission, in determining whether a rate is lower than a reasonable minimum rate, shall consider the facts and circumstances attending the movement of the traffic by the carrier or carriers to which the rate is applicable. Rates of a carrier shall not be held up to a particular level to protect the traffic of any other mode of transportation, giving due consideration to the objectives...
Page 199 - ... as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 7 - Act, so administered as to recognize and preserve the inherent advantages of each; to promote safe, adequate, economical, and efficient service and foster sound economic conditions in transportation and among the several carriers...
Page 165 - ... to encourage the establishment and maintenance of reasonable charges for transportation services, without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices...
Page 1 - ... (4) Whenever in any such investigation the commission, after full hearing, finds that any such rate, fare, charge, classification, regulation, or practice causes any undue or unreasonable advantage, preference, or prejudice as between persons or localities In Intrastate commerce on the one hand and interstate or foreign commerce...
Page 197 - For purposes of subsection (b) , the term "regulated public utility" also includes a common parent corporation which is a common carrier by railroad subject to part I of the Interstate Commerce Act...
Page 2 - ... the Commission pursuant to this paragraph, the laws or constitution of any state, or the decision or order of, or the pendency of any proceeding before, any court or state authority to the contrary notwithstanding.
Page 44 - As Congress enacted separately stated rate-making rules for each transport agency, it obviously intended that the rates of each such agency should be determined by us in each case according to the facts and circumstances attending the movement of the traffic by that ngoney.
Page 94 - Differences in the classifications, rates, fares, charges, rules, regulations, and practices of a water carrier in respect of water transportation from those in effect by a rail carrier with respect to rail transportation shall not be deemed to constitute unjust discrimination, prejudice, or disadvantage, or an unfair or destructive competitive practice, within the meaning of any provision of this Act.
Bibliographic information
| Title | Ratemaking Rule--ICC Act: Hearings Before the Committee on Interstate and Foreign Commerce, United States Senate, Eighty-fifth Congress, Second Session, on S. 3778, to Amend the Interstate Commerce Act, as Amended, So as to Strengthen and Improve the National Transportation System, and for Other ... |
| Authors | United States. U.S.Congress. Senate. Interstate & Foreign Commerce Committee, United States. Congress. Senate. Committee on Interstate and Foreign Commerce |
| Publisher | U.S. Government Printing Office, 1958 |
| Length | 204 pages |
| Export Citation | BiBTeX EndNote RefMan |